Last updated: June 20, 2018

Liberty completes F1 takeover; Ecclestone replaced by Carey

FILE - In this file photo dated Saturday, July 9, 2016, Bernie Ecclestone gestures in a paddock at the Silverstone racetrack, Silverstone, England. Ecclestone is to step down from his position Formula Ones' chief executive, according to his announcement Monday Jan. 23, 2017. (AP Photo/Luca Bruno, FILE)Bernie Ecclestone's reign of Formula One ended after Liberty Media officially completed its takeover of the series on Monday, and named American Chase Carey as the new chief executive.

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